- 2023 Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$43K - $409K
- Units as of 2021
-
47 4.4% over 3 years
FRSTeam, short for Fabric Restoration Services Team, is—you guessed it—a leading restoration company specializing in restoration services and dry cleaning. FRSTeam headquarters are located in Hayward, California.
FRSTeam is an integrity-driven brand that offers quality restoration services using their high-tech proprietary tools and methods refined to meet and exceed customer expectations. When a household has been damaged by smoke, fire, mold, or water, the brand will ensure the house and items have been restored within 24 to 48 hours, getting customers back home where they belong.
Why You May Want to Start a FRSTeam Franchise
FRSTeam was founded in 1988 and has been offering franchise opportunities since 2006. The brand has grown into an industry leader with several stores in various locations all over the country. FRSTeam is a dedicated company designed to relieve customers of the stress of damaged homes and household items.
FRSTeam trains and manages all its franchisees using company resources. Franchisees may receive dozens of hours of on-the-job training to gain relevant experience and an additional few dozen hours in a class to acquire the business' fundamentals. You will also gain access to free marketing, advertising, a franchise intranet platform, and ongoing support as you begin your business.
What Might Make a FRSTeam a Good Choice?
Over their years, FRSTeam has a proven business model offering hardworking and service-driven franchisees potential business growth. To be part of the FRSTeam, you should make sure you're financially ready for an initial investment made up of a franchise fee and other startup costs. You should also prepare yourself for ongoing fees that will include advertising, royalty, and renewal fees. Franchisees will also need to meet the company's set net worth and liquid capital requirements.
You also may benefit from speaking with a financial advisor or attorney to ensure that you are financially sound enough to open a FRSTeam franchise.
Your franchise will need to employ at least a few employees, but you may not need more than a dozen or so.
How To Open a FRSTeam Franchise
Before making any financial commitment or signing an agreement, you must perform your due diligence and establish if this is the right opportunity for you. Research the brand and your local area to see if a FRSTeam franchise would do well in your community. While competition is healthy, too much of it may not allow for the most possible growth. Additionally, you may want to speak to existing franchisees to get an inside look at the company and what it means to become a FRSTeam franchisee.
To begin your franchise journey with FRSTeam, you will need to fill out a franchise request form. If you are seen as a good fit, you may be invited for a one-on-one meeting with franchise executives to discuss the franchise opportunity. If both parties agree, FRSTeam may draft a franchise agreement for you to sign.
Soon you may be completing your training and cutting the ribbon on your new FRSTeam franchise!
Company Overview
About FRSTeam
- Industry
- Maintenance
- Related Categories
- Restoration Services, Dry Cleaning & Laundry Services, Cleaning/Restoration
- Founded
- 1988
- Parent Company
- Lynx Franchising LLC
- Leadership
- Holly Murry, President
- Corporate Address
-
3201 Investment Blvd., #B
Hayward, CA 94545
Business Overview
- Franchising Since
- 2006 (2023-2006 years)
- # of employees at HQ
- 15
- Where seeking
-
This company is offering new franchisees throughout the US.
This company is offering new franchisees in the following international regions: Canada
- # of Units
- 47 (as of 2021)
Information for Franchisees
Here's what you need to know if you're interested in opening a FRSTeam franchise.
Financial Requirements & Ongoing Fees
Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
-
Initial Franchise Fee
Information Circle - $35,000 - $45,000
-
Initial Investment
Information Circle - $43,375 - $409,000
-
Net Worth Requirement
Information Circle - $500,000
-
Cash Requirement
Information Circle - $100,000
-
Veteran Incentives
Information Circle - $5,250 to $6,750 off franchise fee
-
Royalty Fee
Information Circle - 6%
-
Ad Royalty Fee
Information Circle - 2%
-
Term of Agreement
Information Circle - 10 years
- Is franchise term renewable?
- Yes
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
- On-The-Job Training
- 61 hours
- Classroom Training
- 46 hours
- Ongoing Support
-
Meetings & ConventionsToll-Free LineOnline SupportSecurity & Safety ProceduresField OperationsSite SelectionProprietary SoftwareFranchisee Intranet Platform
- Marketing Support
-
Co-op AdvertisingAd TemplatesSocial MediaSEOEmail Marketing
Operations
Additional details about running this franchise.
- Is absentee ownership allowed?
- No
-
Can this franchise be run from home/mobile unit?
Information Circle - No
-
Can this franchise be run part time?
Information Circle - No
- # of employees required to run
- 5-10
-
Are exclusive territories available?
Information Circle - Yes
Interested in ownership opportunities like FRSTeam? Request a free consultation with a Franchise Advisor now.
Franchise 500 Ranking History
Compare where FRSTeam landed on this year's Franchise 500 Ranking versus previous years.
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